In what could turn out to be quite an interesting turn, Florida Attorney General Bill McCollum's lawsuit against the federal health-care reform law may be viewed favorably by the Pensacola-based U.S. Northern District Court of Florida. The new is quote note-worthy because prima-facie, the arguments of the lawsuits were deemed week.
The speculations are that the U.S. Supreme Court may be inclined to side with McCollum, given that the lawsuit reaches that far.
In March, the lawsuit was filed by McCollum and 19 Republican and one Democratic state attorney general—the argument stated that the new law infringes on people's rights by forcing them to buy health insurance or else face a tax penalty.
If the judges base their decisions on their political ideologies instead of recent legal precedent, there are higher chances that the reform law may be overturned, which of course may have further percussions.
Right from the start, the debate around the federal healthcare law has been going from one end to another. There are several parties in favour of it while others vehemently objecting its very foundation. We will be keeping you updated and notified as the news keep coming and what else happens in the health insurance industry. Till then, keep tuned...
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